Random variable

Researchers should also incorporate verbal and tangible rewards as their variables as it proved significant findings for previous researchers. Although our findings were not significant, other researchers should not get discouraged to conduct this experiment. Reason being, we need to figure out ways of motivating members in our…

Boxplots were chosen to display the data since the categorical variable of boys versus girls was measured during this experiment. Attached are the boxplots of the data between the boys and the girls relating to their time in the Chopsticks Experiment. From the results of the data, it would appear that the girls are the…

Looking at the total cost, it shows that outsourcing will be the cheaper option. This would be a yearly savings of $412,000 if outsourced. These savings come from the variable cost and through equipment cost. With outsourcing the equipment cost is handled by the call centre in India. When outsourcing the call center to India it will save the company money annually but there are also some disadvantages as well. There will…

the company will not reach their sales quota (200,000 units) • CEO requires the contribution margin to be $2.00 per unit in order to achieve a pre-tax profit of $85,000 • Due to the variable costs of $4.00 per unit, the selling price must be $6.00 o Competitors are selling similar products o at lower prices • Variable costs must decrease in order to sell products at a competitive price • Ryan believes that they cannot change their cost structure in the short-run • Maintenance and quality…

As medical technology’s improvement and consummation, people always want to find a best way to treat each of diseases, and some researchers are confident about that. Anyhow, we do admit that sometimes they really did what they wanted. Such as, many diseases can be controlled, or even cured now. Nonetheless, not all of illnesses, most of time we should say that researchers who are trying to find a best way to help people with diseases rather than to treat diseases. The most influential example is…

(Investopedia, 2015). In short, it is equivalent to the revenue less the total variable cost (Horngren, Datar, & Rajan). The CM per unit measures the amount of each unit sold contributes to cover fixed costs and increasing profit and also considers what happens when sales and production increase by one unit. The firm benefits from revenue equal to the selling price, but it also incurs increased costs equal to the variable cost per unit. Fixed costs are unaffected by changes in volume, so they do…

Adipic acid is mainly use as monomer in manufacture Nylon 6/6 fiber, plasticizer, grease, polyurethane etc. There are several countries in the world that manufacturing the adipic acid. But there also countries that just is a supplier for this adipic acid to any factory that need adipic acid in their countries. The main countries that produce adipic acid are United State of America and also China. Almost ninety percent of adipic acid manufactured in United State of America is used to produce…

Tofino truck business on Douglas College New Westminster campus The Tacofino food truck initially started in Tofino (Mearns, 2012). After two years of success, the food truck business was started at different locations, including Vancouver. The main goal of this food truck is to provide health and fresh food to people at reasonable prices. Building around this core goal, the menu has expanded with consumer demand to include cookies and drinks. Tacos and burritos offer a tasty blend of healthy…

Sheryl asked Thomas to provide her with Bridgestone’s annual budgetary income statement in a contribution margin format. She explained that this format is the basic foundation for CVP analysis since it presents revenues and expenses based on their variable or fixed behavior in relation to service activity (namely, volume of services). Sheryl’s understanding of Bridgestone’s operating environment and the contribution margin income statement will enable to provide suggestions regarding how to…

Plan members must select a primary care practitioner which could be a physician, physician assistant or a nurse practitioner. The primary care is responsible for coordinating health delivery for plan members. Receiving care by a specialist physician will require a referral from the primary care provider (PCP.) This cost containment strategy is intended to avoid service being duplicated by the PCP and the specialist. (www.amjc.com) The similarities of both the HMO’s and PPO…